Situation report on Nepal’s agrifood systems: February 2024

Nepal registered a significant decline in poverty from 25.2 percent in 2010-11 to 20.3 percent in 2022-23 according to the just-released Nepal Living Standards Survey (NLSS) IV 2022-23. Data suggest that the incidence of headcount poverty is highest in Sudurpashchim Province (34.2 percent) and the l...

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Main Authors: Palikhe, A., Maharjan, N.K., Adhikari, M., Gupta, S., Kumar, A., Minot, Nicholas, Koirala, Pankaj, Krupnik, Timothy J.
Format: Informe técnico
Language:Inglés
Published: CSISA 2024
Subjects:
Online Access:https://hdl.handle.net/10568/148894
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author Palikhe, A.
Maharjan, N.K.
Adhikari, M.
Gupta, S.
Kumar, A.
Minot, Nicholas
Koirala, Pankaj
Krupnik, Timothy J.
author_browse Adhikari, M.
Gupta, S.
Koirala, Pankaj
Krupnik, Timothy J.
Kumar, A.
Maharjan, N.K.
Minot, Nicholas
Palikhe, A.
author_facet Palikhe, A.
Maharjan, N.K.
Adhikari, M.
Gupta, S.
Kumar, A.
Minot, Nicholas
Koirala, Pankaj
Krupnik, Timothy J.
author_sort Palikhe, A.
collection Repository of Agricultural Research Outputs (CGSpace)
description Nepal registered a significant decline in poverty from 25.2 percent in 2010-11 to 20.3 percent in 2022-23 according to the just-released Nepal Living Standards Survey (NLSS) IV 2022-23. Data suggest that the incidence of headcount poverty is highest in Sudurpashchim Province (34.2 percent) and the lowest in Gandaki Province (11.9 percent). The overall decline that was measured, however indicates positive benefits accrued from economic development. In mid-January of 2023, year-on-year inflation in Nepal was to 5.3 percent compared to 7.3 percent a year ago. Food and beverage inflation experienced a decline of 1.5 percent in mid-January compared to the previous month. This decline in inflation is expected to provide some relief to net food purchasing families, particularly in urban and peri-urban areas. Nepal received NPR 733.22 billion (USD 5.5 billion)1 of remittances between mid-July and midJanuary, marking a 24.3 percent rise from the same period in the previous year. However, there was a notable 11.3 percent decline in remittances to NPR 120 billion (USD 901.4 million) in mid-January 2024 compared to last month, potentially signaling a decrease in future remittance trends that should be carefully monitored. Retail prices of cereals at both the national level and in the Western provinces remained stable compared to the previous month. However, there was a decrease in year-on-year vegetable and edible oil costs. On the other hand, the prices of milk, eggs, and fish increased compared to the same period last year. While these higher prices may benefit smallholder farmers, they could pose challenges for poor consumers who rely on purchasing these foods for access to animal-based proteins, minerals, and vitamins.
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spelling CGSpace1488942025-05-04T09:22:15Z Situation report on Nepal’s agrifood systems: February 2024 Palikhe, A. Maharjan, N.K. Adhikari, M. Gupta, S. Kumar, A. Minot, Nicholas Koirala, Pankaj Krupnik, Timothy J. agrifood systems macroeconomics farm inputs cereals animal products Nepal registered a significant decline in poverty from 25.2 percent in 2010-11 to 20.3 percent in 2022-23 according to the just-released Nepal Living Standards Survey (NLSS) IV 2022-23. Data suggest that the incidence of headcount poverty is highest in Sudurpashchim Province (34.2 percent) and the lowest in Gandaki Province (11.9 percent). The overall decline that was measured, however indicates positive benefits accrued from economic development. In mid-January of 2023, year-on-year inflation in Nepal was to 5.3 percent compared to 7.3 percent a year ago. Food and beverage inflation experienced a decline of 1.5 percent in mid-January compared to the previous month. This decline in inflation is expected to provide some relief to net food purchasing families, particularly in urban and peri-urban areas. Nepal received NPR 733.22 billion (USD 5.5 billion)1 of remittances between mid-July and midJanuary, marking a 24.3 percent rise from the same period in the previous year. However, there was a notable 11.3 percent decline in remittances to NPR 120 billion (USD 901.4 million) in mid-January 2024 compared to last month, potentially signaling a decrease in future remittance trends that should be carefully monitored. Retail prices of cereals at both the national level and in the Western provinces remained stable compared to the previous month. However, there was a decrease in year-on-year vegetable and edible oil costs. On the other hand, the prices of milk, eggs, and fish increased compared to the same period last year. While these higher prices may benefit smallholder farmers, they could pose challenges for poor consumers who rely on purchasing these foods for access to animal-based proteins, minerals, and vitamins. 2024-02 2024-07-03T17:32:22Z 2024-07-03T17:32:22Z Report https://hdl.handle.net/10568/148894 en Open Access application/pdf CSISA TAFSSA Palikhe, A., Maharjan, N.K., Adhikari, M., Gupta, S., Kumar, A., Minot, N., Koirala, P., & Krupnik, T.J. (2024). Situation Report on Nepal’s Agrifood Systems (February 2024 Bulletin Number 15). Kathmandu, Nepal: The Cereal Systems Initiative for South Asia (CSISA) & Transforming Agrifood Systems in South Asia (TAFSSA). https://hdl.handle.net/10883/34586
spellingShingle agrifood systems
macroeconomics
farm inputs
cereals
animal products
Palikhe, A.
Maharjan, N.K.
Adhikari, M.
Gupta, S.
Kumar, A.
Minot, Nicholas
Koirala, Pankaj
Krupnik, Timothy J.
Situation report on Nepal’s agrifood systems: February 2024
title Situation report on Nepal’s agrifood systems: February 2024
title_full Situation report on Nepal’s agrifood systems: February 2024
title_fullStr Situation report on Nepal’s agrifood systems: February 2024
title_full_unstemmed Situation report on Nepal’s agrifood systems: February 2024
title_short Situation report on Nepal’s agrifood systems: February 2024
title_sort situation report on nepal s agrifood systems february 2024
topic agrifood systems
macroeconomics
farm inputs
cereals
animal products
url https://hdl.handle.net/10568/148894
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